Fly Leasing Limited Company Profile (NYSE:FLY)

About Fly Leasing Limited (NYSE:FLY)

Fly Leasing Limited logoFly Leasing Limited is engaged in purchasing commercial aircraft, which it leases under multi-year contracts to a range of airlines throughout the world. The Company primarily acquires aircraft by entering into purchase and leaseback transactions with airlines for new aircraft; purchasing portfolios, which consists of aircraft of various types and ages, and acquiring individual aircraft. As of December 31, 2016, the Company had 76 aircraft in its portfolio, of which 75 were held for operating lease and one was recorded as an investment in finance lease. As of December 31, 2016, its portfolio included 65 narrow-body passenger aircraft (including one freighter) and 11 wide-body passenger aircraft (including two freighters). Its aircraft are leased under multi-year contracts to various group of airlines in Europe; Asia and South Pacific; Mexico, South and Central America; North America, and Middle East and Africa. Its portfolio includes aircrafts, such as B737-700 and A320-200.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Commercial Leasing
  • Sub-Industry: N/A
  • Symbol: NYSE:FLY
  • CUSIP: N/A
  • Web: www.flyleasing.com
Capitalization:
  • Market Cap: $429.62 million
  • Outstanding Shares: 32,156,000
Average Prices:
  • 50 Day Moving Avg: $12.96
  • 200 Day Moving Avg: $13.41
  • 52 Week Range: $9.54 - $14.45
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 6.43
  • P/E Growth: 1.03
Sales & Book Value:
  • Annual Revenue: $340.75 million
  • Price / Sales: 1.26
  • Book Value: $18.62 per share
  • Price / Book: 0.72
Profitability:
  • Net Margins: -9.21%
  • Return on Equity: 11.96%
  • Return on Assets: 2.19%
Debt:
  • Debt-to-Equity Ratio: 4.12%
  • Current Ratio: 2.16%
  • Quick Ratio: 2.16%
Misc:
  • Average Volume: 146,802 shs.
  • Beta: 1.06
  • Short Ratio: 0.67
 

Frequently Asked Questions for Fly Leasing Limited (NYSE:FLY)

What is Fly Leasing Limited's stock symbol?

Fly Leasing Limited trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLY."

How were Fly Leasing Limited's earnings last quarter?

Fly Leasing Limited (NYSE:FLY) released its earnings results on Thursday, May, 11th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.29 by $0.05. The business earned $79.27 million during the quarter, compared to the consensus estimate of $83.27 million. Fly Leasing Limited had a positive return on equity of 11.96% and a negative net margin of 9.21%. The business's revenue for the quarter was down 2.4% on a year-over-year basis. During the same period last year, the business posted $0.47 earnings per share. View Fly Leasing Limited's Earnings History.

Where is Fly Leasing Limited's stock going? Where will Fly Leasing Limited's stock price be in 2017?

6 brokers have issued 12-month target prices for Fly Leasing Limited's stock. Their predictions range from $15.00 to $22.00. On average, they anticipate Fly Leasing Limited's stock price to reach $17.42 in the next year. View Analyst Ratings for Fly Leasing Limited.

Who are some of Fly Leasing Limited's key competitors?

Who are Fly Leasing Limited's key executives?

Fly Leasing Limited's management team includes the folowing people:

  • Joseph M. Donovan, Independent Chairman of the Board
  • Colm Barrington, Chief Executive Officer, Director
  • Gary Dales, Chief Financial Officer
  • Pat O'Brien, Board of Director
  • Robert S. Tomczak, Director
  • Steven Zissis, Director
  • Erik Gunnar Braathen, Independent Director
  • Susan M. Walton, Independent Director

Who owns Fly Leasing Limited stock?

Fly Leasing Limited's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Donald Smith & CO. Inc. (9.96%), ONEX CORP (7.60%), FMR LLC (4.06%), Morgan Stanley (3.62%), US Bancorp DE (2.24%) and Neuberger Berman Group LLC (1.47%). View Institutional Ownership Trends for Fly Leasing Limited.

Who sold Fly Leasing Limited stock? Who is selling Fly Leasing Limited stock?

Fly Leasing Limited's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, SFE Investment Counsel, Acadian Asset Management LLC, Russell Investments Group Ltd., Wells Fargo & Company MN, US Bancorp DE, Neuberger Berman Group LLC and Bank of America Corp DE. View Insider Buying and Selling for Fly Leasing Limited.

Who bought Fly Leasing Limited stock? Who is buying Fly Leasing Limited stock?

Fly Leasing Limited's stock was purchased by a variety of institutional investors in the last quarter, including Karp Capital Management Corp, Morgan Stanley, Donald Smith & CO. Inc., Bank of Montreal Can, Berson & Corrado Investment Advisors LLC, United Capital Financial Advisers LLC, Goldman Sachs Group Inc. and Uniplan Investment Counsel Inc.. View Insider Buying and Selling for Fly Leasing Limited.

How do I buy Fly Leasing Limited stock?

Shares of Fly Leasing Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Fly Leasing Limited's stock price today?

One share of Fly Leasing Limited stock can currently be purchased for approximately $13.38.


MarketBeat Community Rating for Fly Leasing Limited (NYSE FLY)
Community Ranking:  2.5 out of 5 (  )
Outperform Votes:  113 (Vote Outperform)
Underperform Votes:  109 (Vote Underperform)
Total Votes:  222
MarketBeat's community ratings are surveys of what our community members think about Fly Leasing Limited and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Fly Leasing Limited (NYSE:FLY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $17.42 (30.17% upside)

Analysts' Ratings History for Fly Leasing Limited (NYSE:FLY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/21/2017Royal Bank Of CanadaReiterated RatingBuyMediumView Rating Details
3/10/2017Compass PointUpgradeNeutral -> Buy$16.50HighView Rating Details
11/19/2016Bank of America CorporationSet Price TargetHold$16.00N/AView Rating Details
8/19/2016Citigroup Inc.Lower Price TargetBuy$17.00 -> $15.00N/AView Rating Details
7/29/2016Deutsche Bank AGBoost Price TargetBuy$18.00 -> $19.00N/AView Rating Details
7/29/2016Cowen and CompanyBoost Price TargetOutperform$14.00 -> $16.00N/AView Rating Details
5/19/2016Wells Fargo & CompanyReiterated RatingBuyN/AView Rating Details
11/13/2015J P Morgan Chase & CoDowngradeNeutral -> Underweight$16.00 -> $14.00N/AView Rating Details
(Data available from 6/28/2015 forward)

Earnings

Earnings History for Fly Leasing Limited (NYSE:FLY)
Earnings by Quarter for Fly Leasing Limited (NYSE:FLY)
Earnings History by Quarter for Fly Leasing Limited (NYSE FLY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/11/20173/31/2017$0.29$0.34$83.27 million$79.27 millionViewN/AView Earnings Details
3/9/201712/31/2016$0.57$0.95$95.77 million$100.60 millionViewListenView Earnings Details
11/17/2016Q316$0.37$0.53$84.40 million$85.30 millionViewN/AView Earnings Details
7/28/2016Q216$0.34$0.45$80.88 million$76.34 millionViewListenView Earnings Details
5/18/2016Q116$0.50$0.47$92.73 million$81.20 millionViewListenView Earnings Details
3/8/2016Q415$0.82$1.54$123.96 million$139.00 millionViewN/AView Earnings Details
11/12/2015Q315$0.67$0.78$117.06 million$106.20 millionViewListenView Earnings Details
7/29/2015Q215$0.06$0.23$104.40 million$101.68 millionViewListenView Earnings Details
5/8/2015Q115$0.22$0.41$114.40 million$120.10 millionViewN/AView Earnings Details
3/11/2015Q414$0.32$0.40$116.50 million$120.30 millionViewN/AView Earnings Details
11/13/2014Q314$0.28$0.40$105.14 million$105.50 millionViewN/AView Earnings Details
7/31/2014Q214$0.23$0.45$97.80 million$109.50 millionViewN/AView Earnings Details
5/8/2014Q114$0.12$0.12$91.88 million$90.50 millionViewN/AView Earnings Details
3/6/2014Q413$0.13$0.12$86.58 million$85.47 millionViewN/AView Earnings Details
11/7/2013Q313$0.10$0.07$79.80 million$79.12 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.51$0.40$93.49 million$98.54 millionViewN/AView Earnings Details
5/2/2013Q1 2013$0.73$1.37$99.66 million$114.37 millionViewN/AView Earnings Details
3/7/2013Q4 2012$0.74$2.04$105.36 million$130.87 millionViewN/AView Earnings Details
11/8/2012Q312$0.50$0.21$93.89 million$86.40 millionViewN/AView Earnings Details
7/25/2012$0.36$1.19ViewN/AView Earnings Details
5/3/2012$0.33$1.04ViewN/AView Earnings Details
3/8/2012$0.42$0.80ViewN/AView Earnings Details
11/2/2011$0.22$0.16ViewN/AView Earnings Details
8/4/2011$0.23$0.21ViewN/AView Earnings Details
5/4/2011$0.31$0.14ViewN/AView Earnings Details
3/2/2011$0.33$0.43ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Fly Leasing Limited (NYSE:FLY)
Current Year EPS Consensus Estimate: $1.17 EPS
Next Year EPS Consensus Estimate: $2.08 EPS

Dividends

Current Dividend Information for Fly Leasing Limited (NYSE:FLY)
Most Recent Dividend:11/20/2015
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Fly Leasing Limited (NYSE:FLY)

Dividend History by Quarter for Fly Leasing Limited (NYSE FLY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/16/2015quarterly$0.257.57%10/28/201510/30/201511/20/2015
7/16/2015quarterly$0.256.35%7/29/20157/31/20158/20/2015
4/16/2015quarterly$0.256.73%4/28/20154/30/20155/20/2015
1/15/2015quarterly$0.257.35%1/28/20151/30/20152/20/2015
10/9/2014quarterly$0.257.93%10/29/201410/31/201411/20/2014
7/17/2014quarterly$0.256.91%7/29/20147/31/20148/20/2014
4/15/2014quarterly$0.256.9%4/28/20144/30/20145/20/2014
1/9/2014quarterly$0.256.14%1/29/20141/31/20142/20/2014
10/15/2013quarterly$0.226.15%10/28/201310/30/201311/19/2013
7/15/2013quarterly$0.226.02%7/29/20137/31/20138/20/2013
4/15/2013quarterly$0.225.59%4/26/20134/30/20135/20/2013
1/15/2013quarterly$0.226.67%1/29/20131/31/20132/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Fly Leasing Limited (NYSE:FLY)
Institutional Ownership Percentage: 51.75%
Insider Trades by Quarter for Fly Leasing Limited (NYSE:FLY)
Institutional Ownership by Quarter for Fly Leasing Limited (NYSE:FLY)
Insider Trades by Quarter for Fly Leasing Limited (NYSE:FLY)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/16/2014Nola Marjorie HealeInsiderBuy60,000$0.36$21,300.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Fly Leasing Limited (NYSE:FLY)
Latest Headlines for Fly Leasing Limited (NYSE:FLY)
Source:
DateHeadline
americanbankingnews.com logoFly Leasing (FLY) & GATX Corporation (GATX) Critical Analysis
www.americanbankingnews.com - June 19 at 4:16 PM
americanbankingnews.com logoFly Leasing Limited (FLY) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - June 13 at 6:42 PM
americanbankingnews.com logoFly Leasing (FLY) vs. Aircastle Limited (AYR) Head to Head Review
www.americanbankingnews.com - June 10 at 10:52 PM
americanbankingnews.com logo$85.40 Million in Sales Expected for Fly Leasing Ltd (FLY) This Quarter
www.americanbankingnews.com - June 8 at 11:14 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Fly Leasing Ltd (FLY) to Announce $0.28 Earnings Per Share
www.americanbankingnews.com - June 6 at 4:48 PM
americanbankingnews.com logoFly Leasing Ltd (FLY) Rating Lowered to Buy at ValuEngine
www.americanbankingnews.com - June 4 at 4:56 PM
finance.yahoo.com logoFLY Leasing Ltd. :FLY-US: Earnings Analysis: Q1, 2017 By the Numbers : May 24, 2017
finance.yahoo.com - May 24 at 12:07 PM
americanbankingnews.com logoFly Leasing Ltd (FLY) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 19 at 8:02 PM
seekingalpha.com logoFly Leasing: Still A Deep Value Opportunity
seekingalpha.com - May 16 at 5:11 PM
americanbankingnews.com logoFly Leasing Ltd (FLY) Downgraded to "Sell" at Zacks Investment Research
www.americanbankingnews.com - May 14 at 2:37 PM
americanbankingnews.com logo Analysts Anticipate Fly Leasing Ltd (FLY) Will Announce Quarterly Sales of $86.96 Million
www.americanbankingnews.com - May 12 at 11:45 AM
americanbankingnews.com logoFly Leasing Ltd (FLY) Issues Earnings Results, Beats Estimates By $0.05 EPS
www.americanbankingnews.com - May 12 at 11:26 AM
finance.yahoo.com logoEdited Transcript of FLY earnings conference call or presentation 11-May-17 1:00pm GMT
finance.yahoo.com - May 11 at 10:53 PM
reuters.com logoBRIEF-FLY Leasing reports Q1 earnings per share $0.16
www.reuters.com - May 11 at 5:51 PM
seekingalpha.com logoFly Leasing Limited 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 11 at 5:51 PM
finance.yahoo.com logoFLY Leasing Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 11 at 7:57 AM
finance.yahoo.com logoFly Leasing beats 1Q profit forecasts
finance.yahoo.com - May 11 at 7:57 AM
americanbankingnews.com logoFly Leasing Ltd (FLY) Expected to Post Earnings of $0.31 Per Share
www.americanbankingnews.com - May 11 at 12:30 AM
americanbankingnews.com logoPositive Press Coverage Somewhat Likely to Affect Fly Leasing (FLY) Share Price
www.americanbankingnews.com - May 4 at 1:08 AM
reuters.com logoBRIEF-Fly Leasing reprices, extends and upsizes 2012 term loan
www.reuters.com - May 1 at 5:02 PM
finance.yahoo.com logoFLY Leasing Reprices, Extends and Upsizes 2012 Term Loan
finance.yahoo.com - May 1 at 9:53 AM
americanbankingnews.com logoFly Leasing (FLY) Receives News Impact Rating of 0.31
www.americanbankingnews.com - April 29 at 1:09 AM
americanbankingnews.com logoFly Leasing Ltd (FLY) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 24 at 10:08 PM
americanbankingnews.com logoFly Leasing (FLY) Earning Somewhat Negative News Coverage, Study Finds
www.americanbankingnews.com - April 24 at 2:21 PM
americanbankingnews.com logoFly Leasing Ltd (FLY) Expected to Post Quarterly Sales of $85.17 Million
www.americanbankingnews.com - April 22 at 9:55 AM
americanbankingnews.com logoSomewhat Critical Media Coverage Somewhat Likely to Affect Fly Leasing (FLY) Share Price
www.americanbankingnews.com - April 21 at 5:51 PM
americanbankingnews.com logoRoyal Bank of Canada Reaffirms Buy Rating for Fly Leasing Ltd (FLY)
www.americanbankingnews.com - April 21 at 12:58 PM
americanbankingnews.com logoFly Leasing Ltd (FLY) Expected to Announce Earnings of $0.35 Per Share
www.americanbankingnews.com - April 20 at 8:35 AM
americanbankingnews.com logoFly Leasing (FLY) Receives Daily Coverage Optimism Score of 0.49
www.americanbankingnews.com - April 18 at 11:52 AM
finance.yahoo.com logoFLY Leasing Posts Annual Report To Website
finance.yahoo.com - March 31 at 5:19 PM
finance.yahoo.com logoFLY Leasing Announces Annual PFIC Information Statement Available On Website
finance.yahoo.com - March 30 at 5:39 PM
americanbankingnews.com logoFly Leasing Ltd (FLY) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - March 29 at 12:55 PM
finance.yahoo.com logoFLY Leasing To Report First Quarter Financial Results on May 11, 2017
finance.yahoo.com - March 27 at 11:40 AM
americanbankingnews.com logoZacks Investment Research Downgrades Fly Leasing Ltd (FLY) to Hold
www.americanbankingnews.com - March 23 at 10:38 AM
finance.yahoo.com logoFLY LEASING LTD Financials
finance.yahoo.com - March 18 at 4:52 PM
americanbankingnews.com logoZacks Investment Research Lowers Fly Leasing Ltd (FLY) to Hold
www.americanbankingnews.com - March 17 at 11:03 PM
americanbankingnews.com logoFly Leasing Ltd (FLY) Downgraded by TheStreet to D
www.americanbankingnews.com - March 13 at 7:31 PM
finance.yahoo.com logoFly Leasing reports 4Q loss - Yahoo Finance
finance.yahoo.com - March 9 at 10:43 PM
finance.yahoo.com logoEdited Transcript of FLY earnings conference call or presentation 9-Mar-17 2:00pm GMT
finance.yahoo.com - March 9 at 10:43 PM
nasdaq.com logoFLY Leasing Q4 Results Beat Expectations
www.nasdaq.com - March 9 at 5:42 PM
reuters.com logoBRIEF-FLY Leasing reports qtrly total revenues $100.6 million
www.reuters.com - March 9 at 5:42 PM
seekingalpha.com logoFly Leasing Limited 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - March 9 at 5:42 PM
us.rd.yahoo.com logoFLY Leasing Reports Fourth Quarter and Full Year 2016 Financial Results
us.rd.yahoo.com - March 9 at 5:42 PM
us.rd.yahoo.com logo7:07 am FLY Leasing beats by $0.42, beats on revs
us.rd.yahoo.com - March 9 at 5:42 PM
biz.yahoo.com logoQ4 2016 FLY Leasing Ltd Earnings Release - Before Market Open
us.rd.yahoo.com - March 9 at 5:42 PM
finance.yahoo.com logoWhy FLY Leasing (FLY) Might Surprise This Earnings Season
finance.yahoo.com - March 8 at 6:03 PM
americanbankingnews.com logoFly Leasing Ltd (FLY) Set to Announce Earnings on Thursday
www.americanbankingnews.com - March 8 at 9:19 AM
seekingalpha.com logoFLY Leasing Has Little To Show For Meaningful Improvement - Seeking Alpha
seekingalpha.com - February 17 at 3:48 PM
prnewswire.com logoFLY Leasing To Report Fourth Quarter and Full Year 2016 Financial Results on March 9, 2017 - PR Newswire (press release)
www.prnewswire.com - January 26 at 6:43 PM
finance.yahoo.com logoFLY Leasing To Report Fourth Quarter and Full Year 2016 Financial Results on March 9, 2017
finance.yahoo.com - January 26 at 6:43 PM

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Chart

Fly Leasing Limited (FLY) Chart for Wednesday, June, 28, 2017

This page was last updated on 6/28/2017 by MarketBeat.com Staff